Santéon for Financial Services

Maximizing revenue and ensuring accountability

Streamlining processes

Santéon helps streamline processes in a variety of areas affecting financial departments and financial services companies, including improving billing efficiency, processing invoices, automating financial processes and controls, processing applications and complying with policies. Financial departments and services organizations face increased scrutiny over their procedures from Sarbanes-Oxley and other compliance mandates, requiring tighter controls. Additionally, financial services organizations have fierce competition to offer services at competitive rates. Organizations turn to Santéon's XIP Business Process Management for the efficiency and control of critical processes, as well as to maximize revenue.

Financial Controls: ROI in Sarbanes-Oxley

Organizations are spending millions of dollars to document their policies and financial controls in compliance with Sarbanes-Oxley into Visio files and policy documents. Then they have extensive efforts to enforce staff to follow the rules. Santéon BPM makes the policies executable so compliance is standardized through automation and risk is managed with unparalleled ability. Santéon BPM helps organizations make their defined processes run, keeping a full audit trail of all activities and providing real-time intelligent feedback on processes. For financial departments and services, that means reduction in fraud, greater accountability, insight into approved or rejected invoices or payments, and tracking of transactions. Additionally, Santéon BPM can publish documentation on processes to handle that aspect of compliance more easily.

Santéon's Actis Compliance Management Framework is pre-built with gap-analysis questionnaires to help organizations quickly assess deficiencies and more importantly to ensure on-going improvements and compliance.

Maximizing Revenue

Revenue maximization comes in to two basic forms: 1) capturing intelligent information on customers and using it to market and deliver services, and 2) reducing costs and inefficiencies. Santéon BPM offers both. For example, in a billing management system, you can increase the speed of preparing bills and reconciling accounts, and capture information and trends on service usage that can sent to marketing and sales departments to target new services to a customers.

Value for Financial Industry

Santéon's BPM solutions help financial organizations:

Ensure financial control through standardized processes and audit trail
Improve accuracy of financial processes
Significantly reduce invoice, billing, and application processes cycle-times
Increase customer satisfaction and loyalty
Market additional services through intelligent capture and use of information
Enforce compliance and policy requirements (supporting Sarbanes-Oxley compliance)

To learn more about how Santéon supports financial services, please contact us at 1-866-Santeon info@santeon.com.